Washington, D.C. (Aug. 29, 2016)—ICBA Bancard®, the payments services subsidiary of the Independent Community Bankers of America® (ICBA), announced Scott Wagner has joined its credit card bank, TCM Bank, N.A., as senior vice president, business development.
“Scott is a respected payments veteran with a proven track record of building successful agent bank portfolios,” said Tina Giorgio, president and CEO of ICBA Bancard and vice chairman of TCM Bank’s board of directors. “His insights and experience will help community banks maximize their card portfolio potential with minimal risk exposure.”
Wagner brings more than 25 years of payment systems experience, including nine years with the national agent credit card line of business at Fifth Third Bank where he led the effort in signing more than 135 new financial institutions and acquiring more than $100 million in credit card receivables. Prior to that he worked for 16 years at First National Bank of Omaha where he helped grow the agent bank credit card asset to more than $1 billion and acquire more than 70 credit card portfolios.
“Scott’s hire couldn’t come at a better time,” said TCM Bank President and CEO Damon Moorer. “His experience servicing Fifth Third Bank’s agent banks will be invaluable as we look to leverage this acquisition and become the agent credit card program of choice for financial institutions.”
Wagner holds a Bachelor of Science in marketing and management from Dana College.
About ICBA Bancard & TCM Bank N.A.
ICBA Bancard® is the wholly owned payment services subsidiary of the Independent Community Bankers of America. ICBA Bancard’s community bank issuers generated $22 billion in sales volume in 2015 and are ranked collectively as the 25th largest credit card portfolio in the United States. Through ICBA Bancard, banks provide competitive payments solutions and ICBA Bancard provides exclusive services to issuers including its Fraud Loss Protection Plan, marketing support and product education. With nearly $300 million in assets, TCM Bank, N.A., a subsidiary of ICBA Bancard, provides credit card services for community banks including consulting, portfolio acquisition, product development and agent bank sponsorship. Through its Total Card Management® program, TCM helps banks promote their branded cards while limiting their exposure to risk and expense. For more information, visit www.icbabancard.org.
The Independent Community Bankers of America®, the nation’s voice for more than 6,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services.